Premier League clubs to protest against newly-agreed Chelsea deal – Borson
Premier League clubs are likely to protest against the sale of the Chelsea women’s team if it’s pushed through at a high value.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider it’s “very hard” for the governing body to value the deal because it’s based around what it could be worth in the future.
Borson revealed on 11 July Chelsea had sold their women’s team to parent company BlueCo on 28 June to potentially circumnavigate the profit and sustainability rules (PSR).
The Times reported on 17 July the Premier League is now reviewing the sale to ensure it complies with rules around associated party deals and is fair market value.
It comes after the London giants exploited a loophole last year by selling two Stamford Bridge hotels to a sister company for a total of £76.5million to offset their major losses.
Chelsea women’t team valuation based on future projections
Borson believes the Chelsea women’s team doesn’t currently have a value of £200million due to its previous revenue figures.
He told Football Insider: “To value women’s football teams at very high values can’t really be done on the basis of their revenue.
“Chelsea women are doing less than £10million revenue.
“Clearly, it doesn’t have a value of £200million on the basis of those revenues.
“It’s very much about its future potential value, so it’s very hard for the league to value it.
“I think a lot of clubs are going to be protesting if it was approved at a very high value.”
In other news, Newcastle “confident” of agreeing deal with Chelsea target.
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